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Topic: Employee Retention Credit

Employee Retention Tax Credit News: IRS Announces New ERC Withdrawal Process
By Nick Zoyhofski, CPA on November 14, 2023

The IRS has introduced a new withdrawal process for taxpayers looking to retract previously filed Employee Retention Tax Credit (ERC) claims. This move comes as part of the IRS's efforts...

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ERC Tax Credit Eligibility: IRS Guidance for Supply Chain Disruptions
By Nick Zoyhofski, CPA on August 22, 2023

The COVID-19 pandemic has disrupted businesses worldwide, leading to economic challenges and uncertainty. To support employers, the government introduced the Employee Retention Credit (ERC)

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Employee Retention Credits FAQs for 2023: Understanding the Credit & How to Avoid Scams
By Nick Zoyhofski, CPA on August 8, 2023

As businesses navigate the complexities of the Employee Retention Credit (ERC), it's essential to have a clear understanding of the eligibility criteria, claiming process, and potential...

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